54 tendent of Construction. There was also a co:ry of the add.ress given by Mr. Stewart; a copy of What the Bible Teaches, By R. A. Torrey; and a Scofield reference Bible. Rev. E. P. Ryland, President of the Church Federation, _de- live~ed a brief address in which he expressed, for all the Churches in the Federation, congratulations that the. City was to have a great institution founded upon the Word of God. By far, the most important part of the Corner Stone Laying ceremony was the address given by Mr. 1.;1.Mr. Lyman Stewart. Its importance lies in the fact that he gave not only the background and philosophy upon which Biola University was established, but also an outline of its future direction. Because of its importance in these two areas and in the history of the Sch- ool, the address, almost in its entirety is given as follows: (Please note: The following is indented because it is a long quotation) Our Institute, conceived in prayer, founded by faith, and establ- ished through sacrifice, has, through the good providence of God, come to the third red-letter day in the history of its efforts to provide a permanent home for its several departments of service. The first was when it succeeded in securing this ideal location, and the second was when formal possession was taken for the Lord by the breaking of ground. We have sought to have buildings planned on a scale somewhat com- mensurate with the commercial value of this site, the magnitude of the field, and the probable future needs of the Institute's many-sided work. The dormitories, while a necessary adjunct to the Institute, will also - partake of the character of an endowment. The work of construction, however, can proceed only as the means for this purpose can be secured; but the phenominal increase of our population, and the new problems to be solved when the Panama Canal is opened, impose increased respons- ibilities, and render haste imperative. While thus seeking to provide for the future needs of the Insti- tute, we trust that none of its friends will yield to the temptation to exploit the possible commercial value of the property. For, howeve1
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